Economics 1989 Waec Past Questions and Answers

Question 31 :

• WAEC 1989

Distribution is part of production because it

A. Makes goods and services available to the final consumer
B. Transport the goods from place to place
C. Offers employment to people
D. Encourages the provision of good roads, waterways and railways
E. Links the consumer with the producer

Question 32 :

• WAEC 1989

The grouping of a population into males and females is known as the

A. Geographical distribution
B. Age distribution
C. Sex distribution
D. Man-woman distribution
E. Occupational distribution

Question 33 :

• WAEC 1989

which of the following is the most important reason why wages differ among occupations?

A. Length and cost of training
B. Supply of labour
C. Attractiveness of the job
D. Influence of trade unions
E. Government decision

Question 34 :

• WAEC 1989

A legal tender is any

A. Form of money
B. Means of exchange authorized by the state
C. Commodity generally acceptable as a meduim of exchange
D. Total productivity of labour
E. Amount of goods and services that the wage can fetch

Question 35 :

• WAEC 1989

Wages are to some extent determine by the

A. Marginal utility of labour
B. Marginal productivity of labour
C. Average productivity of labour
D. Total productivity of labour
E. Amount of goods and services that the wage can fetch